Answer:
True
Explanation:
Fixed cost is the cost which cannot be avoided and is not dependent on level of activity thus, if there is high fixed cost than variable cost, in that case with decrease in level of output the loss will rise rapidly.
Where variable cost is more than fixed cost, then the cost will only increase or incur when there is production accordingly in case of low sale or low production the loss will also be less, as accordingly cost will be less.
Therefore, the statement in question is TRUE
The function that is unable to be completed using practice management software is order entry. Oder entry is simple define as the <span>process of recording an order into the company's entry system. An order entry is the specialist that encodes information and data as per the customers response.</span>
Answer:
a. If you assign one worker per computer, the cost is $1.04
b. If you assign two workers per computer, the cost is $0.93
c. If you assign three workers per computer, the cost is $0.98
d. If you want to minimize cost, you should assign 2 workers per computer.
Explanation:
a. One person can inventory 150 items. The cost of each worker is $30 and the cost of a computer is $125 each. So 125 + 30 = 155. Take 155 and divide it by 150. You get 1.04.
b. Same steps as above, except that there is an additional worker, and two workers can inventory 200 items per hour, so the cost of both workers will be $60. 125 + 60 = 185. 185 / 200 = 0.93.
c. Three workers can inventory 220 items per hour. Three workers will cost $90. 125 + 90 = 215, 215/220 = 0.98.
d. Given the information in the problem, you should assign 2 workers per computer to minimize cost, as this is the lowest cost out of the three solutions.
(Answers are rounded to two decimal places)
Answer:
a. $256,250
b. $217,562.5
c. $196,500
d. Plan C, due to its fewer total cost incurred compares to the other two plans.
Explanation:
a. What is the cost of Plan A
b. What is the cost of Plan B
c. What is the cost of plan c.
d. If you are John's boss, the VP operations, which plan would you implement and why?
Please find attached detailed solution to the above questions.
Answer:
Total PV= $6,962.93
Explanation:
Giving the following information:
Annual interest rate= 9.5%
Cf1= $1,720
Cf2= $2,150
Cf3= $2,465
Cf4= $2,475
To calculate the present value, we need to use the following formula on each cash flow:
PV= FV/(1+i)^n
Cf1= 1,720/1.095= 1,570.78
Cf2= 2,150/1.095^2= 1,793.12
Cf3= 2,465/1.095^3= 1,877.48
Cf4= 2,475/1.095^4= 1,721.55
Total PV= $6,962.93
